The World : Argentine-British Trade

Argentina announced that it has decided to lift financial and trade restrictions on imports from Britain that were imposed during the 1982 Falkland Islands War. “As of this date, trade between the two nations will be given the same general treatment as trade between any other two nations,” a statement from the Foreign Ministry said. The decision removed a major stumbling block toward re-establishing diplomatic relations between the nations, broken during the conflict over the islands. Britain had informed the recently inaugurated government of President Carlos Saul Menem that it welcomed concrete steps in the area of trade to reflect good faith in an eventual restoration of diplomatic relations. Britain ended its trade curbs on Argentina in 1985.